Piedmont Lithium Inc. (PLL)
NASDAQ: PLL · Real-Time Price · USD
8.74
-0.22 (-2.40%)
At close: Dec 20, 2024, 4:00 PM
9.02
+0.28 (3.20%)
After-hours: Dec 20, 2024, 6:26 PM EST
Piedmont Lithium Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Piedmont Lithium stock have an average target of 22.04, with a low estimate of 7.80 and a high estimate of 60. The average target predicts an increase of 152.17% from the current stock price of 8.74.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PLL stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 5 | 5 | 3 | 4 | 4 |
| Sell | 0 | 0 | 0 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 8 | 8 | 8 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Hold Maintains $9.5 → $14 | Hold | Maintains | $9.5 → $14 | +60.18% | Nov 29, 2024 |
| Macquarie | Macquarie | Sell → Hold Upgrades $14 | Sell → Hold | Upgrades | $14 | +54.46% | Nov 21, 2024 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $40 → $31 | Strong Buy | Reiterates | $40 → $31 | +254.69% | Oct 30, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $8.5 → $9 | Hold | Maintains | $8.5 → $9 | +2.97% | Oct 29, 2024 |
| JP Morgan | JP Morgan | Hold → Sell Downgrades $9 → $8 | Hold → Sell | Downgrades | $9 → $8 | -8.47% | Oct 21, 2024 |
Financial Forecast
Revenue This Year
93.06M
from 39.82M
Increased by 133.73%
Revenue Next Year
121.26M
from 93.06M
Increased by 30.30%
EPS This Year
-2.84
from -0.01
EPS Next Year
-0.71
from -2.84
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 102.9M | 163.7M | 164.9M |
| Avg | 93.1M | 121.3M | 135.0M |
| Low | 84.3M | 84.2M | 109.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 158.4% | 75.9% | 35.9% |
| Avg | 133.7% | 30.3% | 11.4% |
| Low | 111.7% | -9.6% | -9.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -1.80 | 0.17 | 0.20 |
| Avg | -2.84 | -0.71 | -0.08 |
| Low | -3.26 | -1.39 | -0.48 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.